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The Global Personal Cloud Market is projected to grow from USD 20.5 billion in 2021 to USD 56.6 billion by 2030 at a CAGR of 19.6% during the forecast period. Employees and businesses who have accepted the bring-your-own-device (BYOD) trend will benefit from personal cloud services, which will make file storage and sharing easier. In this digital age, there is an increasing demand for storing and transferring professional and personal data. The rapidly expanding tech-savvy population has resulted in a huge surge in demand for cloud computing services in recent years. The growing popularity of camera-equipped devices like smartphones and tablets has created a large demand for a safe platform to store digital information. This is expected to propel market growth during the forecast period.
The global personal cloud market is expected to grow due to increased demand for cloud computing across all end user categories, as well as cost-effective computing solutions, faster data access, and superior security. Furthermore, the increasing use of smartphones and internet connections will contribute to the market's overall growth throughout the projection period. Furthermore, the rise in popularity of the BYOD culture will help this industry grow significantly in the future years.
The report offers insightful information about the market dynamics of the Personal Cloud market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Personal Cloud market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Personal Cloud market.
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The study’s scope includes a rating of main service providers, profits and pricing in key market segments utilizing business scenarios. The Personal Cloud research study also investigates the supply chain and industry dealers in depth. The market study also considers a number of crucial elements that influence the global industry’s growth. The report also provides a statistical picture of the global industry, indicating the number of external and internal driving and restraining factors. The Personal Cloud Market Research study’s will feature a large amount of unique data. A number of Personal Cloud industry professionals and key opinion leaders also do extensive quantitative and qualitative research in order to obtain a better understanding of the market and industry performance.
The report provides a comprehensive analysis of company profiles listed below:
IBM Corporation
Oracle
Dell Inc.
Commvault Systems, Inc.
Microsoft
Veritas
Acronis International GmbH
Unitrends.
Hewlett Packard Enterprise
Veeam Software
NetApp, Inc
Amazon Web Services, Inc.
Type Analysis of World Wide Personal Cloud Market:
Service Providers
Consumers
Segmentation of global Personal Cloud Market by Application:
Individuals
Enterprises
The study report offers a comprehensive analysis of Personal Cloud Market size across the globe as regional and country level market size analysis, CAGR estimation of market growth during the forecast period, revenue, key drivers, competitive background and sales analysis of the payers. Along with that, the report explains the major challenges and risks to face in the forecast period. Personal Cloud Market is segmented by Type, by Application, Players, stakeholders and other participants in the global Personal Cloud Market will be able to gain the upper hand as they use the report as a powerful resource.
Global Personal Cloud Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America (Brazil, Argentina and Colombia etc.)
• Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
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This research report gives detailed data about the major factors influencing the growth of the Personal Cloud market at the global level forecast of the market size, in terms of value, market share by region and segment, regional market positions, segment and country opportunities for growth, Key company profiles, SWOT Analysis, product portfolio and growth strategies. In this report, the market’s essential sides such as top participants, expansion strategies, business models and other market features to improve Personal Cloud market insight.